Tag Archives: bitcoin price

Massive Sell-Off: Mt. Gox Bitcoin Payout Fears Wipes Out $170 Billion From Crypto Market

Posted on by — No Comments ↓

The cryptocurrency market experienced a substantial downturn on Friday, compounding the selling pressure witnessed over the past two weeks. The leading cryptocurrency, Bitcoin (BTC), retraced over 20% from its highs in June and May, dropping as low as $53,500.  The market decline was largely attributed to the long-awaited trustee overseeing the Mt. Gox bankruptcy, who… Continue reading Massive Sell-Off: Mt. Gox Bitcoin Payout Fears Wipes Out $170 Billion From Crypto Market→

This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?

Posted on by — No Comments ↓

Bitcoin has recently been plagued with massive selling pressure, with different entities looking to offload their holdings. This time, on-chain data shows a dormant Bitcoin wallet that transferred over $6.8 million in Bitcoin, suggesting that this whale may also be looking to sell their tokens.  Dormant Bitcoin Wallet Transfers Funds For First Time In 12… Continue reading This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?→

Bitcoin Price Crashes Below $54,000: Top-5 Reasons

Posted on by — No Comments ↓

In the last four days, the Bitcoin price has plummeted over 15%, with a significant 7.8% drop occurring in just the past 24 hours. From a high of nearly $72,000 in early June, the price of BTC has now declined by almost 25%. Here are the key factors behind yesterday’s dramatic fall in price. #1… Continue reading Bitcoin Price Crashes Below $54,000: Top-5 Reasons→

German Parliament Member Urges Government To Cease Selling Bitcoin

Posted on by — No Comments ↓

Joana Cotar, an independent member of the Bundestag, one of Germany’s legislative chambers, has called on the government to stop the ongoing Bitcoin (BTC) sell-off, which has had a notable impact on the BTC market, resulting in a 10% drop in the cryptocurrency’s price over the past two weeks.  Bitcoin As Valuable Asset Class For… Continue reading German Parliament Member Urges Government To Cease Selling Bitcoin→

Bitcoin Plunging: Is This The Best Time To Buy BTC?

Posted on by — No Comments ↓

Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for over the previous few days, especially following gains over the weekend. Bitcoin Is… Continue reading Bitcoin Plunging: Is This The Best Time To Buy BTC?→

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000

Posted on by — No Comments ↓

Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by… Continue reading Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000→

Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

Posted on by — No Comments ↓

Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with… Continue reading Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms→

Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash

Posted on by — No Comments ↓

Bitcoin (BTC) experienced a significant drop, reaching as low as $56,700 on Thursday. This price level has not been seen since May 1st, as Bitcoin faces several challenges, including US political uncertainties and the ongoing sell-off of BTC seized by the German government. These factors have contributed to a nearly 20% price correction for Bitcoin,… Continue reading Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash→

Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?

Posted on by — No Comments ↓

Bitcoin (BTC) has completed its ninth test of the $60,000 support level, hinting at a potential shift in the cryptocurrency’s trajectory. According to a crypto analyst, Bitcoin faces significant moves ahead and determining the direction of this momentum is crucial.   BTC Retests $60,000 Support For The 9th Time In an X (formerly Twitter) support level… Continue reading Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?→

Bitcoin Closes CME Gap, Expert Predicts What Happens Next

Posted on by — No Comments ↓

recent decline below $60,000.  BTC’s CME Gap Has Closed Van de Poppe revealed in an X (formerly Twitter) post that Bitcoin’s CME gap has closed and added that it is time for the crypto token to enjoy a relief bounce from its current price level. From the chart he shared, Bitcoin will reclaim $60,000 as… Continue reading Bitcoin Closes CME Gap, Expert Predicts What Happens Next→